AI English summary of an SEC filing — figures as filed

Hormel Foods said its Board of Directors elected Jeffrey Ettinger to the Board on March 20, 2025, effective March 21, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Mar 20, 2025Period of report Mar 20, 2025Summary published (UTC) Oct 17, 2026

Key points

AI summary

Hormel Foods said its Board of Directors elected Jeffrey Ettinger to the Board on March 20, 2025, effective March 21, 2025.
The company said Ettinger joins the Board's Governance Committee and ad hoc CEO Search Committee effective as of the same date.
Hormel Foods said Ettinger will receive the same compensation as other non-employee directors, as set forth under "Compensation of Directors" in the company's definitive proxy statement for its 2025 Annual Meeting of Stockholders, which was filed on December 18, 2024.
The company said Jeffrey Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Board. The company said the foundation beneficially owns approximately 46% of its outstanding common stock, and that Ettinger served as president and chief executive officer until he retired in 2016.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Jeffrey Ettinger Appointed to Board, Effective March 21

Hormel Foods said its Board of Directors elected Jeffrey Ettinger to the Board on March 20, 2025, effective March 21, 2025.

Source · Based on the filing body and exhibits

Joins Governance and CEO Search Committees

The company said Ettinger joins the Board's Governance Committee and ad hoc CEO Search Committee effective as of the same date.

Source · Based on the filing body and exhibits

Same Compensation as Non-Employee Directors

Hormel Foods said Ettinger will receive the same compensation as other non-employee directors, as set forth under "Compensation of Directors" in the company's definitive proxy statement for its 2025 Annual Meeting of Stockholders, which was filed on December 18, 2024.

Source · Based on the filing body and exhibits

The Hormel Foundation Chairman, Former CEO Re-Appointed

The company said Jeffrey Ettinger, chairman of The Hormel Foundation, has been re-appointed to the Board. The company said the foundation beneficially owns approximately 46% of its outstanding common stock, and that Ettinger served as president and chief executive officer until he retired in 2016.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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